aurionpro,t: 22 nd January 2019 To, Deptt. of Corporate Services- Listing Bombay Stock Exchange Limited 1 st Floor, Rotunda Building, Dalal Street, Mumbai - 400001 SUB: UN-AUDITED (STANDALONE & CONSOLIDATED} FINANCIAL RESULTS FOR THE THIRD QUARTER/NINE MONTHS ENDED 31ST DECEMBER 2018 ALONG WITH LIMITED REVIEW REPORT. Respected Sir, Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly find enclosed herewith Un-Audited (Standalone & Consolidated) Financial Results for the third quarter/ nine months ended 31 st December, 2018, along with Limited Review Report thereon received from M/s. Chokshi & Chokshi., LLP, Statutory Auditors of the Company. For ~:f ~4iir Company Secretary Aurlonpro Solutions Limited Navi Mumbai - 400 701. MH - INDIA phone +91 22 4040 7070 fax +91 22 4040 7080 info@aurionpro.com www.aurlonpro.com GIN L99999MH1997PLC111637
..., aunonpro ~ Statement of Standalone Financial Results for the Quarter and Nine Months ended December 31, 2018 Quarter ended Nine Months ended (Rs.rn lakhs' Year ended Sr No. Particulars 31/Dec/18 30/Sep/18 31/Dec/17 31/Dec/18 31/Dec/17 31/Mar/18 Audited 1 Income (a) Revenue from Operations 5,827 77 8,435 58 5,792 96 21,743.37 19,539 56 (b) Other Income (56 01) 446 54 182 91 2.342 61 404.86 (c) Total Income [(a)+ (b)] 5,771.76 8,882.12 5,975.87 24,085.98 19,944.42 2 Expenses (a) Software Development and other related expenses 2,147 21 4,619 19 2,156 77 10,199 65 9,308 80 (b) Changes in inventories of finished goods, stockin-trade and work-in-progress (432 57) 17 68 113 08 (431 68) (17 41) (c) Employee Benefits Expense 1,940 99 1,939 53 2,174 30 5,556 56 6,123 76 (d) Finance Costs 258 62 238 58 269 59 696 90 752 76 (e) Depreciation and amortisation Expense 214 96 245 72 263 26 712 30 855 60 (f) Other Expenses 1,005 47 1.163 53 640 64 2,980 23 1,81460 (g) Total Expenses [ (a) to (fl ] 5,134.68 8,224.23 5,617.64 19,713.96 18,838.11 3 ProfiU (Loss) before Exceptional Items and Tax [1 (c) - 2 (g)] 637.08 657.89 358.23 4,372.02 1,106.31 4 Exceptional Items. - - -. 5 Profit/ (Loss) before Tax [ 3+4] 637.08 657.89 358.23 4,372.02 1,106.31 6 Tax Expenses (a) Current Tax 366 71 266 74 21 31 1,11071 381 07 (b) Deferred Tax Charge/ (Credit) (203 96) 9 91 (163 66) (296 58) (246 08) 7 ProfiU (Loss) after Tax [ 5-6] 474.33 381.24 500.58 3,557.89 971.32 8 Other Comprehensive Income (Net of Tax} (35 56) (44 36) - (49.52) (24 46) 9 Total Comprehensive Income for the period r 7+81 438.77 336.88 500.58 3,508.37 946.86 10 Paid-up Equity Share Capital (Face Value of Rs 10 each) 2,363.63 2,363.03 2,316.43 2,363.63 2,316.43 11 Other Equity (Excluding Revaluation Reserve) 12 Earninqs per eouitv share -Basic (Rs l 2 01 1 61 2 17 15 06 4 23 -Diluted (Rs l 2-01 1 61 2 13 15 06 4.15 Earnrnos oer eourtv share for the auarter/ nine months ended are not annulised See accompanvinci notes to the financial results 26,793 99 427.08 27,221.07 13,448.91 (717 20) 8,200 66 1,020.19 1,166.92 2,372 21 25,491.69 1,729.38-1,729.38 740 30 (237 56) 1,226.64 (60 99) 1,165.65 2,361.43 17,908.28 5 33 5.33 Navi Mumbai - 400 701. MH - INDIA phone +91 22 4040 7070 fait +91 22 4040 7080 info@aurionpro com www.aurionpro.com CIN L99999MH1997PLC111637
aurionpro ~: Notes to the Standalone Financial Results: 1. Pursuant to the final order dated 27/07/2018 from the National Company Law Tribunal (NCLT), approving the scheme of demerger, the Company has filed certified true copy of the said order with the Registrar of Companies. Accordingly, standalone financial results for the quarter and nine months ended 31/12/2018 and earlier periods have been prepared after giving effect of demerger. 2. With effect from 01/04/2018, the Company has adopted Ind AS 115 - Revenue from Contracts with Customers, using cumulative effect method, which is applied to contracts that were not completed as of 01/04/2018. Accordingly, the comparatives have not been retrospectively adjusted. The adoption of the standard did not have any material impact on the financial results of the Company. 3. Other Income includes foreign exchange gain/ (loss) for the quarter and nine months ended 31/12/2018 of Rs. (208.01) Lakhs and Rs. 172.09 lakhs respectively (for the quarter and nine months ended 31/12/2017 of Rs. (38.27) lakhs and Rs. (30.84) Lakhs respectively). 4. Software development and other related expenses include purchase of material of Rs. 2,726.52 Lakhs and Rs 6,357.03 lakhs for the quarter and nine months ended 31/12/2018 respectively (quarter and nine months ended 31/12/2017: Rs. 1,000.82 Lakhs and Rs 6,975.71 lakhs). 5. Other income for the period nine months ended 31/12/2018 includes gain of Rs. 1,667.74 lakhs on sale of 15,72,327 preference shares in Cyberinc USA, one of the subsidiaries of the Company. 6. Pursuant to the Aurionpro Employee Share Purchase Scheme- 2017, the Company has allotted 6,000 Equity Shares of Rs. 10/-each during the quarter ended 31/12/2018. These shares are covered under the lock-in period of one year from the date of allotment i.e. from 27/10/2018. 7. The figures for the earlier periods have been regrouped/ reclassified wherever necessary to make them comparable with those of the current period. 8. The Statutory Auditors of the Company have conducted a limited review of the standalone financial results for the quarter and nine months ended 31/12/2018 pursuant to the requirement of Regulation 33 of the SEBI (LODR) Regulations 2015. These financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on 22/01/2019. For Aurionpro Solutions Llmited Place: Navi Mumbai Date: 22/01/2019 Paresh Zaveri Chairman and Managing Director Navi Mumbai - 400 701. MH - INDIA phone +91 22 4040 7070 fax +91 22 4040 7080 info@aurionpro.com www.aurionpro.com GIN L99999MH1997PLC111637
CHOKSHI & CHOKSHI LLP Limited Review Report on Standalone Financial Results To The Board of Directors of 1. We have reviewed the accompanying Statement of Standalone Financial Results of Aurionpro Solutions Limited ("the Company") for the quarter and nine months ended 31/12/2018 ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/FAC/62/2016 dated 05/07/2016. 2. This Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on this Statement based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the applicable Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued there-under and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/FAC/62/2016 dated 05/07/2016, including the manner in which it is to be disclosed, or that it contains any material misstatement. For CHOKSHI & CHOKSHI LLP FRN - 101872W /W100045 Place: Navi Mumbai Date: 22/01/2019 VlnY~ena Partner M. No. 100770 Chokshi & Chokshi LLP is a Limited Liability Partnership with LLP Registration No. AAC-8909 Regd. Office: 15/17, Raghavji 'B' Bldg., Ground Floor, Raghavji Road, Gowalia Tank, Off Kemps Comer, Mumbai-400036 Tel.: +91-22-2383 6900; Fax: +91-22-2383 6901 ; Web: www.chokshiandchokshi.com E-mail: contact@chokshiandchokshi.com
aurionpro,.;: Sr No. 1 Income Statement of Consolidated Financial Results for the Quarter and Nine Months ended December 31, 2018 Particulars 31/Dec/18 (a) Revenue from Operations 11,473 49 (b) Other Income (167 99) (c) Total Income [(a)+ (b) J 11,305.50 2 Expenses (a) Software Development and other related expenses 3,502 59 (b) Changes in inventories of finished goods, stock-in-trade and work-in-progress (354.28) (c) Employee Benefits Expense 4,047 65 (d) Finance Costs 263 19 (e) Depreciation and amortisation Expense 740 49 (f) Other Expenses 1.409 65 '<al Total Exoenses r (al to (fl 1 9 609.29 3 Profit/ (Loss) before Share of Profit of Associates, Exceotional Items and Tax r1 tel 2 tall 1,696.21 4 Share of Profit of Associates 30.78 5 Profit/ (Loss) before Exceptional Items and Tax [ 3+4] 1,726.99 6 Exceptional Items. 1 Profit/ (Lass) before Tax [ 5+6 J 1,726.99 8 Tax Expenses (a) Current Tax 383 13 (b) Deferred Tax Charge/ (Credit) (203 25) 9 Profit/ (Loss) after Tax from Continuing Operations!7-81 1,547.11 10 Profit/ CLossl before Tax from Discontinued Ooerations 11 Tax Expenses of Discontinued Operations 12 Profit/ (Loss) after Tax from Discontinued Operations I 10-11 I. 13 Other Comprehensive Income (Net of Tax) (73 22) Quarter ended 30/Sep/18 13,394.42 367 18 13,761.60 4,573 63 66.48 4,137.50 292 76 773 59 1,71 2 41 11.556.37 2,205.23. 2,205.23. 2,206.23 269 70 10.79 1,924.74 1778 Nine Months ended (Rs in lak.hs) Year ended 31/Dec/17 31/Dec/18 31/Dec/17 31/Mar/18 Audited 9,401 99 36,886.32 30,799.79 41,854 54 152 77 497.64 243.74 418 41 9,554.76 37,383.96 31,043.53 42,272.95 2,391.43 12,097 81 9,248.27 12,922 06 38 95 (334.69) 31 73 (683 11) 3,946.26 12,274 22 12,672 95 17,429.41 379.82 81614 1,063 38 1,396 69 779 56 2,281 70 2,41379 3,224.65 982 63 4,665 93 2,975 84 4,049.17 8.518.65 31.801.11 28 405.96 38,338.87 1,036.11 5,582.85 2,637.57 3,934.08. 30.78.. 1,036.11 5,613.63 2,637.57 3,934.08.... 1,036.11 5,613.63 2,637.57 3,934.08 22 BB 1,131 45 387 26 1,091.56 (63 91) (254 78) (246 08) (946 61) 1,077.14 4,736.96 2,496.39 3,789.13 416.61. 1,045 78 10,806 79 40 00. 86.00 3,171 39 376.61. 959.78 7,635.40 (136 01 ) (25 04) (24 46) (187 84) 14 Total Comprehensive Income for the period (9+12+13] 1,473.89 15 Profit/ (Loss) for the period attributable from Continuing Operations (a) Equity holders of the company 1.415 46 (b) Non Controlling Interest 131 65 16 Profit/ (Loss) for the period attributable from discontinued Oaerations (a) Equity holders of the company (b) Non Controlling Interest 17 Paid-up Equity Share Capital (Face Value of Rs 1 O each) 2,363.63 18 Other Equity (Excluding Revaluation Reserve) 19 Earnings per equity share (for Continuing Operations)* - Basic (Rs.) 5 99 - Diluted (Rs l 5 99 20 Earnings per equity share (for Discontinued Operations)* - Basic (Rs l - Diluted (Rs.I 21 Earnings per equity share (for Continuing and Discontinued Oaerationsl* - Basic (Rs) 5 99 - Dlluled {Rs l 599 Earntnas oer eaullv share fo r the auarter/ rnne months ended are not annulised See accom 1fl/Ji~ oan111nn notes to th e financial re sults O~H_I }!Ill.. \""'"Y. ~E - ) ~VP... Aurlon p r~tlons Limited Synergia IT Park, Plot No R-270, T.T.C Industrial Estate, Gautam Nagar, Navi Mumbai - 400 701. MH -!NOIA 1,942.52 1,855 33 69 41-2,363.03 7 86 7 85-7 86 7 85 phone fax 1,317.74 4,711.92 3,431.71 11,236.69 1,096 81 4,592 28 2,541 98 2,937.20 (19 67) 144 68 (45 59) 851.93 383 49. 977.31 5,918 69 (6 88). (17 53) 1,716 71 2,316.43 2,363.63 2,316.43 2,361.43 38,589.89 4 76 19 44 11,08 12,76 4.67 19 44 10 86 12.76 1 66 4.26 25.71 1 63. 418 25.71 6 43 19 44 15 33 38.47 6 31 19 44 15.03 3847 Liii".~ re. ':)~'0_..,~. ~ \... raj) ~ ~) ~.. ~ +91 22 4040 7070 1nJt7t.l!;JUflonpro.,on, +91 22 4040 7080 www.aurionpro.com CIN L99999MH1997PLC111637
aurionpro,t: Notes to the consolidated Financial Results: 1. Aurionpro Solutions Pte Ltd., a wholly owned subsidiary of the Company, has entered into an agreement for acquisition of majority stake (51%) in SC Soft Pte. Ltd. (SC Soft) a Singapore headquartered Automated Fare Collection (AFC) and smart city solution provider. The Company has completed subscription to the equity shares of 29.40% as on date. As per the agreement, Aurionpro will complete acquisition of 51% stake by the end of December 2019. The Company will make investment in tranches by subscribing to the fresh equity shares to be issued by the SC Soft and will acquire majority stake by December 2019 and will have a right to acquire balance 49% stake thereafter. The total investment for 51% will be US$ Smn. 2. Aurionpro Solutions Pte Ltd., a wholly owned subsidiary of the Company, has entered into an agreement for an all cash deal for the acquisition of majority stake (51%) in Neo. Bnk Pte. Ltd., a Singapore based technology firm focused on developing micro services based open banking platform. 3. Pursuant to the final order dated 27/07/2018 from the National Company Law Tribunal (NCLT), approving the scheme of demerger, the Company has filed certified true copy of the said order with the Registrar of Companies. Accordingly, consolidated financial results for the quarter and nine months ended 31/12/2018 and earlier periods have been prepared after giving effect of demerger. 4. Segment information PART-I Sr. No. 1 a Particulars Segment Revenue Information technologies and consultancy services Sale of equipment 31 December 2018 Quarter ended 30 September 2018 31 December 2017 Nine Months ended 31 31 December December 2018 2017 (Rs in lakhs) Year ended 31 March 2018 Audited 7,575.74 10,099.79 8,307.16 27,561.97 22,997.94 30,010.01 b 3,897.75 3,294.63 1,094.83 9,324.35 7801.85 11,844.53 Total Net Sales/ income t---- from operations (a+b) --+---~----'--~-- 11,473.49 13,394.42 9,401.99 36,886.32 30,799.79 41,854.54 ---'------+----'----f---'----+--...;.._--+----'----f-- 2 a b Less a b c Segment Results Information technologies and consultancy services Sale of equipment 7,306.41 8,195.97 6,785.00 22,552.92 20,368.88 27,546.84 1,018.77 558.34 186.61 2,570.28 1,150.91 2,068.75 Total (a+b) 8,325.18 8,754.31 6,971.61 25,123.20 21,519.79 29,615.59 Un-allocable expenses Employee benefits expense 4,047.65 4,137.50 3,946.26 12,274.22 12,672.95 17,429.41 Finance costs 263.19 292 76 379.82 816.14 1,063.38 1,396.69 Depreciation and amortisation expenses 740.49 773.59 779.56 2,281.70 2,413.79 3,224 65 i---d-1-o_th_e_r_e_x~p_en_s_e_s 1-_l """,4_0_9_.6_5-+- l""", 7_1_2_.4_1 9_8_2_. 6_3-+-_4~,_6_65_._93--+--2-'-, 9_7_5_.8_4 4,049.17 Add Un-allocable income (167 99) 367 18 152.77 497.64 243.74 418.41 1----+----------+---'--'---'---"-+------'----+----=----+-----+------'---+--- S hare of Profit of 30. 78-30. 78 Add Associates Add Exceptional Items 3 Total profit before tax 1,726.99 2,205.23 1,036.11 5,613.63 2,637.57 3,934.08 ' l~i ~~:n5:/3} Navi Mumbai - 400 701. MH INDIA phone fax ~ 'II' +91 22 4040 7070 ' i" unonp10.com +91 22 4040 7080 www.aurionpro.com CIN L99999MH1997PLC111637
Assets & liabilities used in the Company's business are not identified to any of the reportable segment, as these are used interchangeably between segments. The Management believes that it is not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous 5. Pursuant to the Aurionpro Employee Share Purchase Scheme- 2017, the Company has allotted 6,000 Equity Shares of Rs. 10/-each during the quarter ended 31/12/2018. These shares are covered under the lock-in period of one year from the date of allotment i.e. from 27/10/2018. 6. The Company has consolidated financial results of all its subsidiary companies, joint ventures/ Associates as per Indian Accounting Standard 110-Consolidated Financial Statements. 7. With effect from 01/04/2018, the Company has adopted Ind AS 115 - Revenue from Contracts with Customers, using cumulative effect method, which is applied to contracts that were not completed as of 01/04/2018. Accordingly, the comparatives have not been retrospectively adjusted. The adoption of the standard did not have any material impact on the financial results of the Company. 8. Other income includes foreign exchange gain/(loss) of Rs. (252.39) lakhs and Rs. 135.90 lakhs for the quarter and nine months ended 31/12/2018 respectively (for quarter and nine months ended 31/12/2017: Rs. 37.59 lakhs and Rs. (318.82) lakhs respectively). 9. The Company's standalone turnover, profit before tax, profit after tax and total comprehensive income is as under: (Rs. in lakhs) Particulars Quarter ended Nine months ended 31/12/2018 31/12/2018 () () Turnover 5,827.77 21,743.37 Profit before tax 637.08 4,372.02 Profit after tax 474.33 3,557.89 Total Comprehensive Income 438.77 3,508.37 10. The figures for the earlier periods have been regrouped/ reclassified wherever necessary to make them comparable with those of the current period. 11. The Statutory Auditors of the Company have conducted a limited review of the consolidated financial results for the quarter and nine months ended 31/12/2018 pursuant to the requirement of Regulation 33 of the SEBI (LODR) Regulations, 2015. These financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on 22/01/2019. Fo, Audonpco ~:ns. ;ted Place: Navi Mumbai Date: 22/01/2019. Paresh Zaveri Chairman and Managing Director Navi Mumbai - 400 701. MH - INDIA phone +91 22 4040 7070 fax +91 22 4040 7080 info@aurionpro.com www.aurionpro.com GIN L99999MH1997PLC111637
CHOKSHI & CHOKSHI LLP Limited Review Report on Consolidated Financial Results To The Board of Directors of 1. We have reviewed the accompanying Statement of Consolidated Financial Results of ("the Company") and its subsidiaries (the Company and its subsidiaries together referred to as "the Group"), for the quarter and nine months ended 31/12/2018 ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI circular no. CIR/CFD/FAC/62/2016 dated 05/07/2016. 2. This Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue report on this Statement based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. The Statement includes the results of the entities as given in the Annexure - 1 to this report. 5. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the applicable Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued there-under and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/FAC/62/2016 dated 05/07/2016, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. Other Matter We did not review the financial results of nineteen subsidiaries, one associates and one joint ventures considered in the preparation of the Statement, whose financial results reflect total assets of Rs.51, 755.99 lakhs as at 31/12/2018 and total revenue of Rs.4, 712. 73 lakhs and Rs.15,142.95 lakhs for the quarter and nine months ended 31/12/2018 respectively. These financial results as approved by the respective Board of Directors of these entities have been furnished to us by the management, and our report on the statement in so far as it relates to the amounts included in respect of these subsidiaries, associates and joint ventures is based solely on such board approved financial results. Our conclusion on the Statement is not qualified in respect of the aforesaid matter as per para 6. For CHOKSHI & CHOKSHI LLP FRN - 101872W /W100045 Place: Navi Mumbai Date: 22/01/2019 Vi6?~na Partner M. No. 100770 Page 1 of 2 Chokshi & Chokshi LLP is a Limited Liability Partnership with LLP Registration No. AAC-8909 Regd. Office: 15/17, Raghavji 'B' Bldg., Ground Floor, Raghavji Road, Gowalia Tank, Off Kemps Comer, Mumbai-400036 Tel. : +91-22-2383 6900; Fax: +91-22-2383 6901 ; Web: www.chokshiandchokshi.com E-mail: contact@chokshiandchokshi.com
CHOKSHI & CHOKSHI LLP Annexure - I to the Limited Review Report on Consolidated Financial Results List of subsidiaries/associates/ JV consolidated In the Financial Results for the quarter and nine months ended 31/12/2018 1., Holding Company 2. Aurionpro Fintech Inc 3. Aurionpro Future Solutions Pte Limited 4. Aurionpro Holdings Pte Limited 5. Aurionpro Market Systems Pte Limited 6. Aurionpro Solutions (Africa) Limited 7. Aurionpro Solutions PLC 8. Aurionpro Solutions Pte Ltd. 9. Aurionpro Solutions Pty Limited 10. Cyberinc 11. Aurofidel Outsourcing Limited 12. lntegrosys Corporation 13. lntegro Technologies Co. Ltd. 14. lntegro Technologies Pte Limited 15. lntegro Technologies SDN.BHD 16. lntellvisions Software LLC 17. lntellvisions Solutions Pvt. Ltd. 18. PT Aurionpro Solutions 19. Sena System Private Limited 20. Servopt Consulting Private Limited 21. Spike Inc. 22. SC Soft Pte. Ltd. Page 2 of 2 Chokshi & Chokshi LLP is a Limited Liability Partnership with LLP Registration No. MC-8909 Regd. Office: 15/17, Raghavji 'B' Bldg., Ground Floor, Raghavji Road, Gowalia Tank, Off Kemps Comer, Mumbai-400036 Tel.: +91-22-2383 6900; Fax: +91-22-2383 6901 ; Web: www.chokshiandchokshi.com E-mail: contact@chokshiandchokshi.com